Under the original plan, rare earths, zircon, and titanium were to be sold to the Chinese company Shenghe Resources.
The government intends to secure rights to domestically produced minerals. Partner countries are also to benefit.
The first full week of the year has already delivered several significant developments.
According to media reports, a meeting is scheduled for next week.
In 2024, Viridis delivered strong geological results from the project.
The Association of Mining and Exploration Companies published a government-commissioned design paper for Australia’s critical minerals strategic reserve.